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but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will stay where they are, or come down. coming down is a possibility. the important part of this tax plan, is to remember, when you earn, say you earn $200,000 and you have $20,000 worth of deductions, so now you paying tax on $180,000. if you paid tax at 35 percent rate, obviously the rate will be below $35 percent because you do not pay on full $200,000. governor romney is saying reduce that rate and every dollar you earn offer the amount that uses up the tax deductions, you will pay the lowest rate on. it will encourage people to earn more money,
but not dictions sufficient to take the taxes up. we hope the middle class will have a tax reduction even with the elimination of deductions and putting a cap on deductions actually gives more credibility because you can give the middle class more deductions. the governor also said if you have more incomes, you pay lower caps, in other words $17,000. the idea that taxes on the well-to-do and the successful and those who are making a lot money will not go down. middle classing we hope they will...
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Oct 1, 2012
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we have to look at what are the canadian taxes? the european taxes? the tacks in -- tax in vietnam in when you shop you do fault say i will only buy that if it is made in america. if we want our economies to succeed they have to compete with vietnam companies. >>neil: but if he is saying that i am going to lower taxes but it may not be what it appears because i will take away breaks which is fine for simplified tax code, et cetera, does he risk alienating a base that did not trust him? that he was serious about the big reagan-like cut in taxes. >>guest: my discussions is he understands we are competing and he knows we have to reduce our taxes. >>neil: who was he reaching out to? >>guest: you have to ask him. >>neil: independent voters? >>guest: he understands we are competing and he understands we have to have he we are taxes. if we have more jobs in america, and we want american businesses to do well, we have to is lower taxes than the rest of the developed world. if we don't, brings are going to go out of this country. >>neil: as a former health car
we have to look at what are the canadian taxes? the european taxes? the tacks in -- tax in vietnam in when you shop you do fault say i will only buy that if it is made in america. if we want our economies to succeed they have to compete with vietnam companies. >>neil: but if he is saying that i am going to lower taxes but it may not be what it appears because i will take away breaks which is fine for simplified tax code, et cetera, does he risk alienating a base that did not trust him?...
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Oct 5, 2012
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he talks about enron, using tax accountants and tax loopholes to make money and -- and... and mistreat employees. he said, it's not the equivalent of dogs and fire hoses, but i am not saying what enron executives did is the moral equivalent, but the folks at enron feel violated. he's making a racial interpretation of what was going on at the time. >> just to put it in context, it is speech was given at the university of chicago, on martin luther king day. i went to the university of chicago. as an undergrad. they have this event every martin luther king day, it's a frank discussion about race and politics. so to me, it wasn't surprising to see president obama -- or then senator obama speak frankly about race. >> greta: how does the obama team feel today? you were on a conference call today? >> i was on the obama campaign conference call after the debate last night. look, it seemed to me that it took them 12 hours to figure out what the spin was going to be. it was a clear, decisive loss. everyone watching the debate thought that president obama lost last night. the obama c
he talks about enron, using tax accountants and tax loopholes to make money and -- and... and mistreat employees. he said, it's not the equivalent of dogs and fire hoses, but i am not saying what enron executives did is the moral equivalent, but the folks at enron feel violated. he's making a racial interpretation of what was going on at the time. >> just to put it in context, it is speech was given at the university of chicago, on martin luther king day. i went to the university of...
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Oct 7, 2012
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in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire are plan is to give more money to teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that is part of the plan. >> but he won't say, chris, which loopholes and which deductions. senator, i doubt seriously you would be if favor of doing away or cutting the home mortgage deduction for middle class americans. governor romney has not said what the plan is for paying for the $5 trillion in tax cuts just like he won't talk about what his tax returns have been or -- >> with all due reis spect, governor, first of all, governor romney made is clear in the debate and he was actually able to speak directly to the american people that he is not going to lower the burdening on up y
in fact, when you do those sorts of tax cuts there are costs to those tax cuts. the big etan drivegest driver r deficit -- >> chris: if i may, sir. you are talking about half of the planet it would be like talking about obama's jobs plans and saying the entire are plan is to give more money to teachers. it is not obama's plan. similarly you are mischaracterizing the romney plan. saying you're right there is $5 trillion lowering the tax rates but he talks about cutting loopholes. but that...
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Oct 4, 2012
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on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what he passed in massachusetts as an example of a bipartisan compromise and a model for the whole country at the state level. >> we've seen this model work really well. in massachusetts because governor romney did a good thing, working with democrats in the state to set up what is essentially the identical model. >> i like the way we did it in massachusetts. entirely on a partisan basis instead of bringing america together and having a discussion at this important topic, you pushed through something that you and nancy pelosi and harry reid thought something was the best answer and drove it thr
on top of the extension to the bush tax cuts. >> i don't have a $5 trillion tax cut. i don't have a tax cut. of a scale that you're talking about. i will not reduce the share paid by high income individuals. i know that you and your running mate keep saying that and i know it's a popular thing to say with a lot of people burks it's just not the case. look, i got five boys, i'm used to people saying something that's not always true. >> health care, romney was on offense, touting what...
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that's not a tax raise. that's called fairness where i come from. >> and last night on "politics nation," jared bernstein explained to al sharpton that the math in mitt romney's tax plan doesn't add up. >> if you're going to cut taxes 20% across the board, which is mitt romney's plan, you're going to blow a $5 trillion hole over ten years in the government's revenue. now, what governor romney says is i can make that up by closing tax expenditures and loopholes, but there's two problems with that. one, the arithmetic. if you look at people over 200,000, just look at the wealthiest couple of percent, the revenue cuts about $250 billion, and the deductions, the broadening of the base, gets you back about 160. so you're short about $90 billion. >> and don't miss reverend al sharpton and "politics nation" weekdays at 6:00 eastern here on msnbc, the place for politics. >>> so how will today's monthly jobs report impact the candidates? economists are predicting the unemployment rate could tick up from 8.1 to 8.2%,
that's not a tax raise. that's called fairness where i come from. >> and last night on "politics nation," jared bernstein explained to al sharpton that the math in mitt romney's tax plan doesn't add up. >> if you're going to cut taxes 20% across the board, which is mitt romney's plan, you're going to blow a $5 trillion hole over ten years in the government's revenue. now, what governor romney says is i can make that up by closing tax expenditures and loopholes, but there's...
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Sep 30, 2012
09/12
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we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income security and higher take home pay and you can do that through economic growth and that is what we are trying to provide and what we can get if we put the progrowth policies in place. >> chris: a number of top republicans say that when romney picked you as his running mate a little over a month ago that they thought that this indicated that you guys were going to run a bold reform agenda campaign and now expressing some frustration that instead of you changing romney you heard this that they feel that romney is changing you and you are running a much more
we don't want to tax more people with bad tax policy. we want to grow the middle class and get people back to work with higher take home fay. the secret to this is economic growth, chris. the premise of the conversations and tax reform point is as if the economic pie is fixed and that it is governments if job to redistribute the slices. is not how the world works. we want to grow the pie and we want economic opportunity. we want people to be able to get a better job and have more income...
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Oct 6, 2012
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he was very specific on the tax issue. >> he was specific in repudiating obama tax plan thought did he an excellent job of that. the president has been relying on a report that has been debunked left and right by people about how romney wants to raise taxes on the middle class in order to pay for tax cuts for the wealthy. he rebutted that very effectively i thought. but i would also like to see more details. >> paul: he gave a couple of details in regard to, for example, here is how you reduce deductions and exemptions, a $25,000 $50,000 limit that any one individual could use. that was specific offered by marty felled stein of harvard as a way to make tax reform work. >> and both of them embraced the simpson-bowles commission and the simpson-bowles commission put out three different tax rates and each rate you will have to do something with the deductions and exemptions, eliminate all of them or retain them and romney says i'm going to drop rates and put all of those deductions and exemptions on the table for negotiation. any serious person in politics knows that's the starting point
he was very specific on the tax issue. >> he was specific in repudiating obama tax plan thought did he an excellent job of that. the president has been relying on a report that has been debunked left and right by people about how romney wants to raise taxes on the middle class in order to pay for tax cuts for the wealthy. he rebutted that very effectively i thought. but i would also like to see more details. >> paul: he gave a couple of details in regard to, for example, here is how...
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and the republicans out campaigning, they're just as accountable, and the taxpayers have to foot the tax bill and never get a say in it. >> more sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind of cracking-down are unbelievable by the standards that if we deal with this today it is not that big a deal. >> greta: governor, they're not even working on it. i mean, nothing is being done by anybody to work on it. absolutely zero. >> in all fairness, nothing has been done by barack obama. i mean, barack obama hasn't introduced a budget in three years that a democrat would vote for, but paul ryan has. >> greta: if i were a republican right now, i'd be he
and the republicans out campaigning, they're just as accountable, and the taxpayers have to foot the tax bill and never get a say in it. >> more sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend...
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >> we are back it is 6:15 a.m.. if you see a craft going across it is unjust practice for the military. this is just to kick off the weekend festivities. in case we have a major earthquake or catastrophe this will take place. >> bellwether channel will start to name the winter storms the same as they do for hurricanes. if this may be like watch out chuck. this will make the public more aware of what is coming. naming the winter storms will help. this is what they do in europe. this will start in 2013. we will wait for this to start. hopefully when i get that far. let's turn our attention to local weather. teaching hate erica tice. >> it will not amount to much and it will be pretty spotty at best. as we take a look outside it is
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >> we are back it is 6:15 a.m.. if you see a craft going across it is unjust practice for the military. this is just to kick off...
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when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the economy are encompassed inside the national debt argument. you can get rid of the unfunded liabilities, as well, just the way we did with social security under ronald reagan by tending the age of retirement, by reducing benefits, by subjecting half of them to the income tax. there are lots of things you can do to bring this economy back and fairly quickly in two terms you could bring it back the way reagan did. >>neil: the fact is you cannot buy your way out it. you have to boom your way out of it. thank you, art. >> in washington, dc, talk of a plan to keep the government from going off an immediate fiscal cli
when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the...
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on middle income families by 4,000 a year, and this commitment i make to you, i will not raise taxes on middle class families. while governor romney and his wife ann as you saw there were meeting with the crowd in florida, president obama also on the campaign trail this sunday, fund raising in hollywood. more on that in a moment. but first, john roberts is travelling with the romney campaign and john, with the rally late today, governor romney wraps up the florida swing. >> and three days here in the sunshine state. big rally in port st. lucie, 12,000 people one of the biggest crowds of his campaign so far and this state is beginning to friend this his direction. in fact, nationally, democratic leading policy poll found he gots a 5 point bounce out of that debate and the governor looking ahead to the next presidential debate, but as he left florida he couldn't help taking a parting shot at president obama's performance last wednesday. >> so i'm convinced that you all had the chance to hear his answers or his nonanswers. now, of course, days later we're hearing his excuses and next ja
on middle income families by 4,000 a year, and this commitment i make to you, i will not raise taxes on middle class families. while governor romney and his wife ann as you saw there were meeting with the crowd in florida, president obama also on the campaign trail this sunday, fund raising in hollywood. more on that in a moment. but first, john roberts is travelling with the romney campaign and john, with the rally late today, governor romney wraps up the florida swing. >> and three days...
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and it ordered the company to pay $27 million more in taxes. a chevron spokesperson tells ktvu the company is currently in mediation over a tax assessment going back to 2004 and is hopeful for a fair settlement. >>> a while fire in mendecino county has burned through five structures. it's called the flim fire. it started yesterday afternoon and has burned through 300 acres. firefighters say most of the land is commercial timber property. but about 20 structures are in potential danger. now we just checked for the latest information from calfire, the agency says this fire is 25% contained. >>> investigators are still in the scene of a fire that destroyed three homes. the fire started about 5:00 last night near highway 116 and highway 101. near cotati. the fire left several people homeless including a couple that was supposed to get married this weekend. investigators are still trying to figure out what caused this fire. >>> today the los angeles city council voted in favor of repealing a ban that was aimed at closing hundreds of pot dispensaries
and it ordered the company to pay $27 million more in taxes. a chevron spokesperson tells ktvu the company is currently in mediation over a tax assessment going back to 2004 and is hopeful for a fair settlement. >>> a while fire in mendecino county has burned through five structures. it's called the flim fire. it started yesterday afternoon and has burned through 300 acres. firefighters say most of the land is commercial timber property. but about 20 structures are in potential danger....
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on the middle class and reduce the taxes on the rich. romney took the beginning of that debate and attacked each of the points and demolished them. again, all that came from negative advertising. i think what he did last night is he dissolved $150 million of negative ads and turned them to dust. >> bill: do you have any idea why barack obama didn't mention the 47% comment? >> i was immediately struck by the fact last night in the commentary that's the first -- that's the first thing i mentioned because it was shocking. that is the best weapon that obama and he didn't use it the only possible explanation is that h he is so far ahead he can sit on a lead. he doesn't need to take something that could be dangerous. because, if you get too tough, you are the incumbent, you are ahead and you get tough on the other guy. that he could be seen as negative. it could hurt obama's ora. this cool unflappable guy. that must have been the reasoning because there is no other reason. it makes no sense at all. >> bill: you don't have to do in a mean-spiri
on the middle class and reduce the taxes on the rich. romney took the beginning of that debate and attacked each of the points and demolished them. again, all that came from negative advertising. i think what he did last night is he dissolved $150 million of negative ads and turned them to dust. >> bill: do you have any idea why barack obama didn't mention the 47% comment? >> i was immediately struck by the fact last night in the commentary that's the first -- that's the first thing...
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for the rich and tax the middle class. you see ad after that and they are both false. i think he needs to look at the camera straight. explain in a sentence or two why each is completely false. to then turn to the president and ask him how he can premise his entire election on way of presenting the romney position that is so at odds with the truth. so, bit of defense. then i think he goes on offense. that i think is something he has to do because those images of him as kuing the taxes to the rich to -- and putting burden on the middle class is killing him. >> bret: panel, as always, from different parts of the country, thank you. steve, juan, charles. that's it. but stay tuned for final look ahead from denver as we get ready for this big night tomorrow night. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. droid does. and
for the rich and tax the middle class. you see ad after that and they are both false. i think he needs to look at the camera straight. explain in a sentence or two why each is completely false. to then turn to the president and ask him how he can premise his entire election on way of presenting the romney position that is so at odds with the truth. so, bit of defense. then i think he goes on offense. that i think is something he has to do because those images of him as kuing the taxes to the...
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right now that's what our tax system does. we underwrite and subsidize the recklessly irresponsible through bailouts and insurance companis and car companies. the fact is, people who are working hard and doing well. and small business owners and big business owners who are not asking for uncle sugar to work for them they are getting punished. change that and we can get out of the debt problem. governor mike huckabee always a pleasure to have you on board. >> thank you, uma. >> he raised the bar and it is mitt romney's job to live up to the standards. >> you can't have a down moment. >> we see it in the polls. the polls are change things are getting closer and mitt romney is in the league. they saw them for the first time together . he cannot let down. >> my one on one with michael reagan, the son of a president many people credit with historic debate moments. ♪ [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare
right now that's what our tax system does. we underwrite and subsidize the recklessly irresponsible through bailouts and insurance companis and car companies. the fact is, people who are working hard and doing well. and small business owners and big business owners who are not asking for uncle sugar to work for them they are getting punished. change that and we can get out of the debt problem. governor mike huckabee always a pleasure to have you on board. >> thank you, uma. >> he...
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. >> bob: i do think that obama will ask romney to explain the tax plan. ryan said it was too complicated to explain. >> eric: obama is not going to ask romney anything. >> bob: listen, they all end up asking each other questions. >> eric: what i would do if i'm romney, no matter what they ask, just go right back to the economy. just go right back to the economy. throw numbers out there. just stay on this. >> andrea: going tough and hard. but he can't go too hard and too tough, then the media says he's angry, now he's an angry rich man. >> bob: come up with the numbers you talk about. obama has to defend numbers but so does romney. >> eric: what number does he have to defend? >> bob: how he will cut taxes and balance the budget? >> dana: he has a good answer. obama has a tougher time explaining how in 2008, he ran on one thing regarding taxes. in 2010 he changed his mind to protect his tail. then now his whole plan is against what he said in 2010, is worst thing to do for the country. >> bob: that debate has been out there and argued over and over for four
. >> bob: i do think that obama will ask romney to explain the tax plan. ryan said it was too complicated to explain. >> eric: obama is not going to ask romney anything. >> bob: listen, they all end up asking each other questions. >> eric: what i would do if i'm romney, no matter what they ask, just go right back to the economy. just go right back to the economy. throw numbers out there. just stay on this. >> andrea: going tough and hard. but he can't go too hard...
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that's not a tax rate, that's called fairness where i come from. >> all right. so how will today's monthly jobs report impact the candidates? economists predict the unemployment rate could tick up from 8.1 to 8.2%. that could be bad news forpresident obama. nbc's brian mooar has the latest. >> even if it's not great news today, it probably could be worse. >> reporter: today's jobs report is the second to the last before election day. it is a critical snapshot of an economy that's been stuck in low gear. >> whatever the numbers are, the romney campaign is going to cite them as evidence that president obama's policies are failing. >> the president is trying to convince people he's doing real well. he is not. >> reporter: building on a momentum of wednesday night's debate, romney's trying to reverse his fortunes in battle grounds like ohio where he's fallen behind. >> under president obama we've lost half a million manufacturing jobs and china has passed us in manufacturing. >> reporter: the president argues the republicans are offering nothing new. >> it's not a p
that's not a tax rate, that's called fairness where i come from. >> all right. so how will today's monthly jobs report impact the candidates? economists predict the unemployment rate could tick up from 8.1 to 8.2%. that could be bad news forpresident obama. nbc's brian mooar has the latest. >> even if it's not great news today, it probably could be worse. >> reporter: today's jobs report is the second to the last before election day. it is a critical snapshot of an economy...
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Sep 30, 2012
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when we tax our job creators at much higher tax rates than foreign competitors, we lose and they win. we do not want to tax the small businesses. our jobs come from these successful small businesses. we want them to hire more people. that is essential. none of this is going to work, no business will be confident to take the risk to hire people, give the raises and job security, if they see the government borrowing and spending like it is. we cannot keep borrowing 36 cents of every dollar the government spends. we cannot keep the federal reserve doing what it is doing. we cannot keep looking our children in the eye knowing we're going to give them a diminished future because we are spending their money today. it is a simple idea. mitt romney and i are going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get the balanced budget. we must get the debt under control. [applause] this not only hurts our economy with the threat of higher interest rates and much higher tax rates. ournow we're giving children and grandchildren a lower sta
when we tax our job creators at much higher tax rates than foreign competitors, we lose and they win. we do not want to tax the small businesses. our jobs come from these successful small businesses. we want them to hire more people. that is essential. none of this is going to work, no business will be confident to take the risk to hire people, give the raises and job security, if they see the government borrowing and spending like it is. we cannot keep borrowing 36 cents of every dollar the...
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so let's hear him explain the tax policy. >> the cut in tax rates is lower -- all american tax rates -- >> how much does it cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. the first half, lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go through all the math. >> all right. you know what, mitt? you better put paul ryan away somewhere. send him to a sports bar somewhere in ohio. at least he can have a few beers with voters. he's got that going for him. who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs
so let's hear him explain the tax policy. >> the cut in tax rates is lower -- all american tax rates -- >> how much does it cost? >> it's revenue neutral. >> it's not revenue neutral unless you take away the deductions. the first half, lowering the tax rates. does that cost $5 trillion? >> no, no. look, i won't get into a baseline argument with you. >> you haven't given me the math. >> well, i don't have the time -- it would take me too long to go...
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. >> bob: how are you going to protect medicare and social security and cut taxes increase the budget and balance the budget? jon >> he will answer that on wednesday. >> bob: i'm sure he will. all i can say is one more thing is next. ♪ ♪ ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm hi'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. humans -- sometimes life trips us up. and sometimes, we trip ourselves up, but that's okay. at liberty
. >> bob: how are you going to protect medicare and social security and cut taxes increase the budget and balance the budget? jon >> he will answer that on wednesday. >> bob: i'm sure he will. all i can say is one more thing is next. ♪ ♪ ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is...
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the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total population who don't pay federal income tax and don't work and may not be looking for work. we now have the numbers on this, so, i think that most important thing for him is to find a way to relate to more people in these debates and speak to more of them. this is not the republican primary anymore. >> is he principled, do you think? mitt romney? >> that's not the issue, to me. i think he will -- i think he's principled in the sense that he will keep the commitments that he has made. almost all people when they run for president
the earned income tax credit. i doubled the earned income tax credit. it was signed under the tax credit. reagan started it. we started it with a strong support of republicans in congress. president bush dealt with that, then president obama increased the earned income tax credit for families with more than three children. this is a rejection of basically more than three decades of bipartisan policy to support working families. it's not a bunch of free loaders. there's only 4% of the total...
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now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >> a live look here at a clear golden gate bridge. no fog there on the back. as we look to the north it is 52 degrees right now. we will gain about 40 degrees with the high being 91 this afternoon. we will see if they can top that up in the vial, is one of the hot spots today. >> san francisco they're taking over the convention center spilling into the streets. there's a section of power street that is going to be shut down. it is coined be packed we're expecting 50,000 attendees this year. unveil at the conference and to deal with oracle. they're looking to give oracles customers access to its growing map locations. they are expanding the company's mapping services which will compete with google maps. oracle is calling the move
now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >> a live look here at a clear golden gate bridge. no fog there on the back. as we look to the north it is 52 degrees right now. we...